Q: What about refund for inverted tax structure? How fast it will be available? Refund for inverted duty structure (except nil rated or fully exempt supplies) is provided under Section 54(3).Available within 60 days from date of receipt of application complete in all respects. [ Reply on 05.06.2017 at 2.19 am as per Twitter Account of Govt… Read More »
Q: whether invoice under Section 31(3)(f) to be issued for import of services where reverse charge is applicable? Yes. Section 31(3)(f) of CGST Act requires the registered recipient to issue an invoice in case of RCM [ Reverse Charge Mechanism). [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read… Read More »
Q Can we carry forward the credit of CVD and SAD paid on goods imported by HO [ Head Office ], if such goods are lying at branches located … If it was a Centralized registration and the CENVAT credit taken on the goods imported is indicated in the last return, it can be carried… Read More »
Q: If service provided to a registered person and invoice raised on HO [ Head Office ] which is registered in another state. It is intrastate or interstate? Intrastate or intersate nature of supply depends on location of supplier and place of supply. [ Reply as per Twitter Account of Govt of India for GST queries… Read More »
Q: Do registered dealers have to record adhaar/PAN while selling goods to unregistered dealers? No. Refer Section 31 r/w Rule 1(e) of Invoice Rules. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related GST Questions / Queries replied
Q: Advance received by one branch say in haryana of a plant situated in chhattisgarh later supplied from plant what will be invoicing. Invoices to be raised at each leg of the transaction in “bill to”, “ship to” models. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other… Read More »
Q: Is it mandatory to have state wise sequential serial number for a tax invoice as per GST law? Yes. Rule 1 (b) of Invoice rules requires consecutive serial numbers on invoices issued by registered persons under Section 31. [ Reply as per Twitter Account of Govt of India for GST queries of Taxpayers ] Read Other related… Read More »
Q: Is it mandatory to charge IGST tax for an invoice which has PoS (Place of Supply) in SEZ (Special Economic Zone) ? What are implications if CGST & SGST are charged for SEZ PoS? On all inter-state supplies, IGST is to be charged. If wrongfully paid CGST/SGST instead of IGST, he would have to… Read More »
Q: Is it mandatory GST Invoice rule to have digital signature, if the invoice is not signed manually by the authorized signatory? Under Rule 1(p) of Invoice rules, tax invoice requires signature or digital signature of the supplier or his authorized representative. [ Reply as per Twitter Account of Govt of India for GST queries of… Read More »
Sir, can IGST be charged on the Inter State Service Bill where service was rendered in that particular State. If based on Location of supplier and Place of Supply of that particular service, it is an interstate supply, IGST will have to be charged. [ Reply as per Twitter Account of Govt of India for GST… Read More »